Technology
Technology
- PSO content
Groupon Inc. acquired OrderUp, an on-demand online and mobile food ordering and delivery marketplace, a move that further diversifies the company away from its origins as a daily deals site and pits it against the likes of GrubHub Inc.
July 17 -
As China loosens restrictions on international commerce, foreign merchants bringing their operations to China may be unprepared for the types of fraud they encounter.
July 17 -
C-Spire is looking to increase the use of its self-service kiosks, so it's installing ones that borrow several design cues from Apple's handsets.
July 17 -
With the implementation of buy now buttons, social media will turn into a virtual shopping mall, where users can casually browse products from the brands theyre following.
July 17 -
The leak of documents from the surveillance software and "ethical hacking" firm Hacking Team revealed that some foreign banks were clients. Had any U.S. banks been on the list, the last two weeks would have been interesting.
July 16 -
As PayPal sets to formally split from eBay on July 20, President and CEO Dan Schulman is setting a goal to vastly increase how often consumers use PayPal.
July 16 - PSO content
EBay Inc. agreed to sell its Enterprise unit to a group led by Permira for $925 million and reported second-quarter sales that beat analysts' estimates on the eve of its breakup from transaction business PayPal.
July 16 -
As the path to purchase becomes increasingly more digitized, the act of executing the payment transaction has shifted further and further into the background.
July 16 -
When a restaurant chain's senior marketing manager ran a location-based offer trial this summer, she was quite surprised to see a mobile conversion rate that topped 45% which meant that almost one out of every two consumers who were pinged by the chain's mobile app drove to the store and made a purchase.
July 16 -
Google is firming up plans for a feature that allows consumers to buy products directly from a retailer's ad on a mobile phone, part of a Silicon Valley-driven trend that would place card issuers at a disadvantage.
July 15 -
Great Wolf Resorts will give its customers wristbands that can initiate purchases and access hotel rooms at its chain of theme parks and hotels.
July 15 -
Nokia Oyj's mapping business will work with partners to develop global standards that would allow users to buy transit tickets in cities around the world from a single mobile-device app.
July 15 -
Some rules are black and white, which is why Sift Science has added the ability for clients to integrate automatic rules on top of its machine-learning fraud detection system.
July 15 - PSO content
Nacha, the electronic payments association, is starting an accelerated push to help corporations and financial institutions incorporate the ISO 20022 messaging standard a key element of moving forward with a faster payments initiative in the U.S.
July 15 -
Finding Apple Pay-accepting merchants in the U.K. isn't quite the needle-in-the-haystack proposition that it is in the U.S., but it's still enough of a challenge to raise concerns among Apple's partners during the mobile wallet's launch in the country.
July 15 -
A deal between two major fintech players to provide core processing hosted in the cloud raises the question of when U.S. banks will feel comfortable putting their most important data on publicly shared computers.
July 14 -
Treasury Deputy Secretary Sarah Bloom Raskin told a group of bankers that law enforcement and regulators need to declassify more information so banks can protect themselves.
July 14 - Colorado
Study finds younger consumers would bank with these companies if they offered financial services.
July 14 -
First Data has acquired a San Diego-based digital card distribution firm called Transaction Wireless Inc. (TWI), a company which, paired with First Data's 2014 purchase of Gyft, rounds out the company's gift card strategy.
July 14 -
Apple Inc. is making the U.K. the first market outside the U.S. for its digital-wallet system as the company fights for a place in the electronic-payments industry.
July 14



